[Chart courtesy of MarketWatch.com] The major U.S. equity index ETFs finished modestly lower, pulling back before this week’s Federal Reserve meeting that could signal when the Fed is going to begin reducing its bond purchases aimed at helping the economic recovery. Key upcoming events kept traders at bay, with Wednesday’s Fed policy decision and Friday’s U.S. nonfarm payroll report looming …
ETF/No Load Fund Tracker Newsletter For Friday, July 26, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07252013/ ———————————————————— Market Commentary Friday, July 26, 2013 DOWN EARLY, BUT UP LATE Despite starting the day sharply lower, the U.S. equity markets eked out gains to close the Friday session marginally higher. Stocks started the day to the downside in the wake of a …
Late Rally Helps Index ETFs Overcome Mixed Data
[Chart courtesy of MarketWatch.com] U.S. equity indexes eked out gains, showing some resilience in the face of headwinds from mixed earnings reports and economic data. The broader market’s advance was modest after another round of mixed earnings reports. Specifically, PulteGroup Inc was sharply lower after the homebuilder’s results missed analysts’ forecasts, while General Motor’s stronger-than-anticipated results were overshadowed by continued …
Profit-Taking Pulls Stocks Down Despite Upbeat Data
[Chart courtesy of MarketWatch.com] Wall Street backed off record highs despite a jump in U.S. new home sales to the highest level in five years and an unexpected expansion for Eurozone manufacturing activity. The Standard & Poor’s 500 Index suffered its first-two day drop in a month, as losses in utility and commodity shares more than offset gains in the …
ETF/No Load Fund Tracker Newsletter For Friday, July 12, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07112013/ ———————————————————— Market Commentary Friday, July 12, 2013 VOLATILE FRIDAY BUT STOCKS END WEEK IN RECORD HIGH U.S. equities ended the week in volatile fashion but managed to advance for a seventh day, extending a record for the Standard & Poor’s 500 Index, despite head …
Fed Pushes Jelly Back In The Donut—SPX Rallies To New Record
[Chart courtesy of MarketWatch.com] A day after Chairman Ben Bernanke said the Federal Reserve will keep a loose monetary policy for some time to lower the unemployment rate, U.S. equity markets advanced to record highs at the close of Thursday’s session. Apparently, we must have misunderstood Bernanke’s previous remarks of tapering, as he has now successfully pushed the jelly back …